DRB last week or so launched their property development for sale in Glenmarie

still holding today going to break my daily 14% record grow ( if continue growing like that )

no shark fin, but pay all my samansss when they give 50% discount.

Today I don't have much action, the same goes to my boring portfolio

syok, become free saman

no news out now does not mean no news.

some news for Kencana holder

Kencana to raise RM350m via debt papers, warrants

KUALA LUMPUR: KENCANA PETROLEUM BHD [] plans to raise RM350 million from a corporate exercise which includes the issuance of debt papers with detachable warrants.

Kencana said on Friday, Dec 3 it proposed to issue up to five years nominal value Islamic Securities with detachable warrants on a “bought deal” basis with AmInvestment Bank as the primary subscriber.

AmInvestment Bank would then offer for sale the provisional rights to the allotment of the warrants to Kencana shareholders. Kencana also proposed to place out up to 10% of its paid-up share capital.

The company said the fund-raising proposals were the most appropriate means of raising funds as the proposed Islamic securities with warrants would allow it to lock in medium term fixed rate financing at competitive rates to mitigate against interest rate volatility.

The warrants, when exercised, would enable the company to obtain additional proceeds to redeem the Islamic securities, to fund the working capital needs.

It added the proposed private placement would enable it to raise funds at an attractive and substantially lower cost as compared to bank financing.

http://www.theedgemalaysia.com/b ... apers-warrants.html

cis, article on CIHLDG today made it jump.

Subject: HDBSVR: Gamuda, Maintain Buy



Gamuda: Still our high conviction stock pick

• Most leveraged MRT proxy

• Strong local property sales, slight delay in Vietnam

• High conviction BUY, raised TP to RM4.90

Remains high conviction stock pick for the sector. We raised our SOP-derived TP to RM4.90. Like for MMC, we built in realistic assumptions for the RM40bn MRT project – 50% probability the MMC-Gamuda JV would clinch the RM14bn tunneling works. We value this at RM1.5bn (RM0.68/Gamuda share) using 2011-2016 cash flows, 10% discount rate, 8.3% blended margins, and 50% discount. In order not to double count, we removed the SOP accretion from the RM2.5bn new orders assumed for FY12.

Most leveraged MRT proxy We remain convinced that the JV will be appointed PDP/chariot master and will clinch RM14bn worth of tunneling works. Our conviction stems from its past experience with tunneling works and the fact that the MRT project is paramount to the ETP’s target of achieving 6% growth in the medium term. Hence, it is in the PM’s interest not to delay this project and entertain competing bids from contractors without the required expertise or due diligence. Most recently, he said he wants the project to start by July 2011. Post the National Economic Council meeting, this project will be tabled to cabinet by December and likely go via the PDP route. The consultant’s report has been tabled to SPAD, where we understand the government is in favour of the JV’s alignment. This project will more than double its existing RM6bn orderbook and give another 6 years visibility post completion of its double tracking project in 2013.

Delay in Vietnam, strong local property sales. Gamuda’s launch of its RM6bn Tan Thang development in HCMC has been pushed forward to Feb 2011 from Nov 2010, due to a change in decree in Vietnam. Nonetheless, Gamuda believes it can catch up and is maintaining its sales guidance of RM700m (RM300m Tan Thang, RM400m Yenso Park) for FY11. On the local property front, sales for the two months of FY11 of RM250m have surpassed expectations, and it will have to raise its RM880m sales guidance for FY11. We have not factored in contribution from Vietnam.

Seems like you like Gamuda very much

so halt trading due to the land sales ... tq tq

What is your buying price? I bought quite expensive in the range of 1.35-1.40... My initial TP to sell is 1.70... now thinking if I should hold for long term (1-2 years). Any comment from all the sifus?

For Gamuda lovers


Attached File(s)
 gamuda_6_Dec.pdf ( 283.82k ) Number of downloads: 39

Please demand 500g sugar being added into the Kopi-peng from the Kopitiam boss.

or

Tell them to tapau the rest (at least) 450g of unadded sugar.

 TelcoSector_Positive_NEM_Proposals_06_Dec_2010.pdf ( 200.18k ) Number of downloads: 15


HLIB Research - NEM Proposals for reduced USP contributions in telco sector to benefit telco margins and PBT by 5-27%

phew at last drb naik
been seeing my mistaken buys red red all these while

i buy at 1.2, i buy because i think it is undervalue, TP i also not sure for myself but for my opinion, the price should stand above 2

but later kena diabetes also

GAB to RM10 is a matter of time.

sap sap sui..

now drb make me feel like wanna top up...hmm...

sifu cherroy said "when you feel want to buy" click sell button...